Which Macroeconomic Variables effect to Foreign indirect investment??
There are numerous macroecomic variables which effect to foreign portfolio investment to financial markets. Based on the other studies in literature are determined as follows:
Market Size
Interest Rates
Exchange Rates
Inflation Rates
Economic Growth
Government Finance (Balance of Payments)
Tax Rates on Interest or Dividends
Country Risk
Credit Rating of Securities
Openness
Transaction Cost
Rate of Return on Stock Market
Disclosure of Information
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